protos.com
Calvin Ayre, a gambling magnate who has funded many Bitcoin Satoshi Vision (BSV) projects, has taken to X (formerly Twitter) to announce that he is taking a break the day after the UK High Court ruled that Craig Wright is not Satoshi Nakamoto.
Earlier this month, Ayre was confident that “Craig is winning” the lawsuit he has since lost. Despite this court ruling, Ayre claimed that he still knows that Wright is Satoshi.
Ayre has been the principal financier behind nChain, a firm that has attempted to market a collection of ‘intellectual property’ it contends is related to ‘blockchain.’
Ayre has also reportedly provided the funding behind various other lawsuits related to BSV, including a class action lawsuit that accuses Binance and other exchanges of hurting investors by not describing BSV as ‘Bitcoin.’
Read more: Former nChain CEO claims Craig Wright is lying about Satoshi
BSV has fallen nearly 20% to less than $90, or approximately 0.0013 bitcoin for each BSV, over the last 24 hours.
Before Ayre involved himself in a ‘Satoshi Vision’ created by someone a court ruled isn’t Satoshi, he made his fortune in the gambling industry, eventually agreeing to plead guilty to a misdemeanor charge related to the transmission of gambling information.